OFF MARKET

24/294-298 Sheridan Street
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 81m2
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Property Details for 24/294-298 Sheridan St, Cairns North

24/294-298 Sheridan St, Cairns North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 81m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in August 2015.

Building Type
Unit
Year Built
1994
Floor Size
81m2
Land Size
81m2
Local Government
Cairns Regional
Lot/Plan
24/BUP100720

Last Listing description (June 2017)

With the Aussie Dollar dropping Cairns starts to move! Tourist can afford to come and visit and stay even longer. The Herron Todd White economist have put Cairns in the recovery phase so all the signs are pointing in the upward direction.
This apartment is situated right in between the airport and city center so access is very easy for tourist and local visitors to find. The complex is well balanced with corporate contract, national & international visitors.
The on-site managers do a fantastic job maintaining the complex and grounds. There is a beautiful in-ground pool with BBQ facilities. Owners are allowed 4 weeks per year to stay.

This apartment is currently in the rental pool for Tropic Towers however it can be taken out with 90 days notice for longer term(maximum 3 months) rentals.
It shows that this 2 bedroom apartment has been well looked after and it comes fully furnished.
The complex has 44 apartments of which there is approximately only 10, 2 bedrooms apartments.
Body corporate fee are reasonable at $5973 per year. 24 hr on site managers ensures this apartment is well kept and sure to complement any investors portfolio.

Property History for 24/294-298 Sheridan St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$140,000
28 Aug 2015
  • 28 Aug 2015
    Sold for $140,000
  • 13 Nov 2014
    Listed for Sale $149,500
  • 30 Jul 1998
    Sold for $155,000

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About Cairns North 4870

The size of Cairns North is approximately 2.9 square kilometres. It has 6 parks covering nearly 9.7% of total area. The population of Cairns North in 2011 was 4,444 people. By 2016 the population was 5,185 showing a population growth of 16.7% in the area during that time. The predominant age group in Cairns North is 20-29 years. Households in Cairns North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cairns North work in a professional occupation. In 2011, 29.8% of the homes in Cairns North were owner-occupied compared with 29.2% in 2016.

Cairns North has 3,952 properties. Over the last 5 years, Houses in Cairns North have seen a 36.51% increase in median value, while Units have seen a 62.05% increase. As at 31 October 2024:

  • The median value for Houses in Cairns North is $644,909 while the median value for Units is $392,455.
  • Houses have a median rent of $575 while Units have a median rent of $470.
There are currently 36 properties listed for sale, and 48 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in Cairns north.

Suburb Insights for Cairns North 4870

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.